Saks Fifth Avenue store at the Waterside Shops. John Greim | Lightrocket | Getty ImagesSaks Fifth Avenue parent HBC said on Thursday it will acquire Neiman Marcus Group in a $2.65 billion deal combining the storied retailers.The combination will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF...
Patrick Bertoletti, Geoffrey Esper and other contestants compete in the 2024 Nathan's Famous Fourth of July International Hot Dog Eating Contest at Coney Island in New York City, U.S., July 4, 2024.Jeenah Moon | ReutersThere's a new top dog in the frankfurter eating world.Patrick Bertoletti won Nathan's Hot Dog...
Women's soccer is bringing private equity off the sidelines.While other major U.S. sports leagues – Major League Soccer, the National Basketball Association, Major League Baseball and the National Hockey League – have allowed private equity investors to take passive, minority stakes, only the National Women's Soccer League has allowed...
Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024 in Sunrise, Florida. Joe Raedle | Getty ImagesWith signs building that the labor market is at least slowing if not something worse, the June nonfarm payrolls report takes on added significance.Payroll...
In the world of luxury, Hermès is arguably the gold standard.Its sales are growing double digits even as other luxury companies post declines or dramatically slower growth. Wealthy customers lucky enough to be anointed as Birkin-bag worthy can purchase a Birkin 25 for about $11,000 and flip it the same...